Wednesday, December 11, 2024
spot_img

TSMC, Sony to partner on new $7bn chip plant in Japan: Report

Date:

Share post:

spot_img
spot_img

Taipei, Oct 10 : Chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) and the Sony Group are reportedly considering joint construction of a semiconductor factory in western Japan amid a global chip shortage.

According to Nikkei Asia, the total investment in the project is estimated at 800 billion yen ($7 billion), with the Japanese government expected to provide up to half the amount.

Japan’s top auto parts maker Denso is also looking to participate through such steps as setting up equipment at the site. The Toyota Motor group member seeks stable supplies of chips used in its auto parts, the report said.

Sony may also take a minority stake in a new company that will manage the factory, which will be located in Kumamoto Prefecture, on land owned by Sony and in an area adjacent to the latter’s image sensor factory, according to multiple people familiar with the matter.

The factory will make semiconductors that used in-camera image sensors, as well as chips for automobiles and other products, and is slated to go into operation by 2024.

Plans for the facility — which would be TSMC’s first chip production operation in Japan — come as the global tech industry grapples with unprecedented semiconductor shortages and supply chain disruptions.(IANS)

spot_img
spot_img

Related articles

Two-member UNHCR team meets Rohingyas in Jammu

Jammu, Dec 11: Officials said here on Wednesday that a two-member team of the United Nations High Commissioner...

B’luru man kills self over Rs 3 cr divorce settlement demand; body for harassed men to move SC

Bengaluru, Dec 11: Following the death of an automobile company executive from Uttar Pradesh in Bengaluru allegedly over...

73 pc of e-commerce, tech startups planning workforce expansion in India

Bengaluru, Dec 11: About 73 per cent of the e-commerce and tech startups are planning workforce expansion, signalling...

Women now own 20.5 pc of MSMEs in India, startups surge in tier 2 and 3 cities

New Delhi, Dec 11: Women now own 20.5 per cent of micro, small and medium enterprises (MSMEs) in...